Obtaining A Mortgage In The Palm Springs Area

by Sheri Dettman, Resort Lifestyle Realtor

Looking for a house for sale in Palm Springs, CA? One of the first and most important parts of the home-buying process is obtaining a mortgage. A good place to start when selecting a lender to finance a home or condo purchase in the Palm Springs area may be right here in the community. Working with a local mortgage lender offers several advantages over using a large national corporation.

A local Palm Springs area home lender can work with you on an individual basis to locate a mortgage with terms and fees which work best for you. They’ll get to know you on a personal level, and they have unique insights about the local Palm Springs area real estate and mortgage market.

Local Mortgage Experience

There’s no one better suited to give you advice than someone who lives and works in the area, and is experienced in providing mortgages for the community you are interested in. Their goal as a local lender is to make the loan process as simple and worry-free as possible.

It's Smart To Obtain Pre-Approval Before Submitting An Offer

Consider, also, getting pre-approved for your loan. Unless you are paying cash for a property, a pre-approval letter from your lender must be submitted with any offer we submit for a property. Some of the best home and condo bargains sell quickly and do not last long. Not having pre-approval could cause you to miss out on a great opportunity.

Local Mortgage Provider Suggestions

My team and I are pleased to provide links to several local lenders for your consideration. A number of our clients have provided us with positive feedback on their loan experiences with these lenders for home loans here in the Palm Springs real estate market.

Note: Sheri Dettman & Associates does not receive compensation for any mortgage referral. Since 1974 real estate agents have been prevented from receiving any kind of financial kickback or favor from real estate vendors including lenders, title and escrow companies and home inspectors. It's simply against the law (the Real Estate Settlement Procedures Act). These mortgage sources are provided as a service to clients.